Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
32 HORSTED WAY is a very large detached house of 220m², built sometime between 1996 and 2002. It was last sold for £271,000 in August 2018, which was around 38% below the average August 2018 detached price in the Medway local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 32 HORSTED WAY since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Medway local authority area for the corresponding sale date. One of the two 32 HORSTED WAY sales was for below the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2018 17 AUG | £271,000 | £436,176 | 38% below HPI |
2005 12 AUG | £490,000 | £246,786 | 99% above HPI |
The below graph shows the average detached house price in the Medway local authority area over time, sourced from the HPI. The two 32 HORSTED WAY sales from August 2005 and August 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2005 sale was for 99% above the HPI. So the extrapolation line tracks at 99% above the HPI over time, until the August 2018 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.
32 HORSTED WAY is 220m² according to the EPC inspection conducted in May 2018. This puts it in the largest 10% of detached houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses by size in Rochester, and where 32 HORSTED WAY lies on this distribution: 95% of detached houses are smaller than 32 HORSTED WAY, and 5% of houses are larger. Note that EPC data is not available for all properties in Rochester.
32 HORSTED WAY sits on a plot of roughly 0.277 of an acre, or 1,119m². The below map shows the location of 32 HORSTED WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 32 HORSTED WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
32 HORSTED WAY is located in ROCHESTER, in the ME1 postcode district. The below map shows the position of No. 32 on HORSTED WAY.